Hedging and Deal Capture Co-ordinator - Leeds

Job description

ENGIE are recruiting for a Hedging and Deal Capture Co-ordinator to be based in Leeds (LS12 1BE). This is a permanent and full time role which offers a competitive salary and benefits package.

Purpose of the Job

To support the provision of a hedging service to Business and Home Energy supply and export portfolios.
To ensure that all sales to ENGIE gas and electricity flexible customers are captured in appropriate systems in a prompt and accurate manner.
To support the development and implementation of hedging and optimisation strategy in order to achieve budget targets and provide analytical support to the Hedging Team.

Main Responsibilities

- Forward hedging of ENGIE Business Energy customer sales to be completed as detailed in the Supply Balancing Continuous Improvement Process (CIP).
- Manage flexible customer requests. This includes; 
o Reacting to customer requests in a prompt and accurate manner,
o Providing sales price to the customer,
oTransactions carried out between ENGIE Power Limited and trading counterparty,
o Transactions carried out between ENGIE Power Limited and customer,
o Recording the customer deal (volume, prices) in the appropriate systems/spread sheets.
- Developing and maintaining working relationships with customer contacts and Third Party Intermediaries (TPI’s) trading on behalf of flexible customers.
- Management of gas and electricity default-day processes.
- Management of gas and electricity “Sell-Back” processes.
- Production of daily forward curves and maintenance of forward curve pricing models.
- Ensuring customer positions are fully up to date and consistent across various systems.
- Ensuring forward trades and traded positions are consistent with view of trading counterparties.
- Provision of information to Account Managers to support deal closures.
- Production of analysis to support development of hedging and optimisation strategies.
- Support the development of strategy implementation processes and documentation.
- Analytical lead for the Hedging Team
- Responsible for streamlining and optimisation of business processes
- Liaise with forecasting teams to ensure consistent view of incremental portfolio gains/losses.
- Adherence to internal processes and risk frameworks.

Outcome, Results and Key Performance Indicators

- Effective and accurate management of deal capture and customer requests.
- Production of flexible customer position reports and analysis.
- Support hedging and balancing cost analysis.
- Support system improvements for flexible customer deal capture and forward hedging.
- Understanding of the ‘Supply Balancing – Gas’ and ‘Supply Balancing – Electricity’ Continuous Improvement Processes.
- In depth trade validation and provision of trading data.
- Reporting hedging performance and price evolutions.

Key Relationships

- Internal: All Retail departments, in particular, Line Manager, Local Portfolio Management, Finance, Sales, ENGIE Global Markets, IPM ETL
- External: Customers

For more information about ENGIE please visit: http://www.engie.com/en/candidates-area/
- Degree level (or equivalent) in a relevant discipline, preferable.

Knowledge and Skills

- Knowledge of hedging and deal capture processes and policies.
- Knowledge of Retail products.
- Highly numerate.
- Microsoft Office proficient.
- Able to work with internal and external parties to deliver effective solutions.
- Able to demonstrate a practical approach to problem solving.
- Proven ability to present information effectively.

Experience

- Proven ability to organise and produce work within tight deadlines.
- Experience of managing large sets of data.
- Able to successfully communicate and manage external customers.
- Experience of forward trading would be advantageous.
- Experience of Energy Markets is desirable
- Demonstrated ability to succeed in a complex environment

Behavioural Capabilities

- Customer focus
- Effective communication skills
- Able to manage conflicting priorities
- Problem solving and innovative attitude
- Attention to detail
- Self-management
- Able to motivate self
- Able to build positive relationships
- Committed to a high standard of performance
- Drive to achieve continuous improvement.

The closing date for applications is 21 November 2018.

For this role you must have evidence of right to work in the UK. There is no re-location package with this job role. ENGIE do not discriminate on the grounds of age, gender, race, colour, religion, disability or sexual orientation, and we welcome applications from all sections of the community.